Josh Kushner isn't letting his FIFA folly keep him on the sports sidelines.
Yesterday he stunned the NBA by announcing an agreement to buy the Los Angeles Lakers for $12.5 billion from Mark Walter, who only gained club control last October.
There's a lot more to this situation than just rich boys and their toys, so let's dig in:
Venture capitalist Josh Kushner and former Disney CEO Bob Iger on Wednesday announced an agreement to buy the NBA's Los Angeles Lakers at a $12.5 billion valuation.
Why it matters: This is a dizzying ownership turnaround for the Lakers, one of pro sports' most iconic franchises.
